This is definitely a grade 1 asian red. Base color and body/fin shape would suggest blood red, but there are so many different grades and types out there it's really hard to keep up. Basically the farms can name them whatever they want for marketing purposes.
A fish like this would cost at least $1700CAD at 6 inches in length, so this guy would certainly be worth more. Few minor defects, but the coloration is great.